Axon Enterprise Inc. (AXON)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 376,224 | 298,311 | 290,683 | 262,306 | 174,227 | 146,131 | 98,865 | 137,407 | 147,139 | 104,456 | 140,849 | 42,770 | -60,018 | -20,676 | -70,073 | -53,715 | -1,724 | -39,937 | -32,960 | -1,463 |
| Total stockholders’ equity | US$ in thousands | 2,327,660 | 2,099,840 | 1,928,840 | 1,818,020 | 1,612,030 | 1,521,120 | 1,445,000 | 1,403,000 | 1,268,490 | 1,231,310 | 1,193,650 | 1,124,790 | 1,047,850 | 1,113,900 | 1,097,700 | 1,010,900 | 976,255 | 895,153 | 869,813 | 559,590 |
| ROE | 16.16% | 14.21% | 15.07% | 14.43% | 10.81% | 9.61% | 6.84% | 9.79% | 11.60% | 8.48% | 11.80% | 3.80% | -5.73% | -1.86% | -6.38% | -5.31% | -0.18% | -4.46% | -3.79% | -0.26% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $376,224K ÷ $2,327,660K
= 16.16%
Axon Enterprise Inc.'s return on equity (ROE) has shown a fluctuating trend over the past few years. The ROE was negative in the initial quarters of 2020 and improved slightly by the end of the year. The negative ROE during this period indicates that the company was generating minimal profits relative to its shareholders' equity.
However, starting from the first quarter of 2022, the ROE turned positive and demonstrated a steady growth trend throughout 2022 and into 2024. The increasing trend indicates that the company was efficiently utilizing its equity to generate profit for its shareholders.
The ROE reached its peak in the fourth quarter of 2024 at 16.16%, reflecting a substantial return on equity for the company. This improvement suggests that Axon Enterprise Inc. became more profitable and efficient in generating returns for its equity holders.
Overall, the positive trend in ROE from 2022 to 2024 indicates an enhancement in the company's profitability and efficiency in utilizing its shareholders' equity to generate earnings.
Peer comparison
Dec 31, 2024
See also:
Axon Enterprise Inc. Return on Equity (ROE) (Quarterly Data)